China Bank maintaining balance: every savings, checking and OFW account (2026)

China Bank maintaining balance, initial deposit and below-balance fee for each savings, checking and OFW account.

Short answer China Bank’s maintaining balance is ₱2,000 for CBC ATM Savings, ₱5,000 for CBC Passbook Savings and ₱5,000 for CBC Check Plus, measured as a monthly average daily balance (ADB). Fall below it for at least two consecutive months and China Bank charges ₱300 a month on a peso savings or checking account. CBC OKS Peso Savings, the account for OFWs and their beneficiaries, has its initial deposit and maintaining balance waived.

At a glance

• CBC ATM Savings₱2,000 initial deposit, ₱2,000 monthly ADBChina Bank ↗ · checked 2026-10-11
• CBC Passbook Savings₱5,000 initial deposit, ₱5,000 monthly ADBChina Bank ↗ · checked 2026-10-11
• CBC Check Plus₱5,000 initial deposit, ₱5,000 monthly ADBChina Bank ↗ · checked 2026-10-11
• CBC OKS Peso Savingsinitial deposit and monthly ADB waivedChina Bank ↗ · checked 2026-10-11
• Below-ADB fee₱300 a month for peso savings and checking, after at least 2 consecutive months belowChina Bank ↗ · checked 2026-10-11
• Closing within 90 days of opening₱300 for a peso savings accountChina Bank ↗ · checked 2026-10-11
• Dormant after1 year without activity for checking, 2 years for savingsChina Bank ↗ · checked 2026-10-11

China Bank maintaining balance by account

Maintaining balance in the Philippines means the average daily balance a bank asks you to keep each month. China Bank calls it the “Minimum Monthly Average Daily Balance Requirement” and computes it as the sum of each day’s ending balance divided by the number of days in the month (China Bank ↗). Pick the account to see what it requires.

Account: CBC ATM Savings

It comes with a debit card. This is one of the two accounts China Bank lets new customers open online in its My CBC app, and the bank’s own FAQ for that route says ATM Savings “require immediate funding” and that you should keep “an Average Daily Balance (ADB) of at least P2,000 per month to avoid charges” (China Bank ↗).

China Bank applies the regular 0.125% rate to a MoneyPlus account with more than two withdrawals in a month, and credits its interest monthly instead of quarterly (China Bank ↗).

Check Plus comes with a debit card, a monthly statement of account and a passbook.

Account: CBC OKS Peso Savings (OFWs and beneficiaries)

OKS is China Bank’s remittance account for overseas Filipinos (OFWs) and their beneficiaries, for individual customers only (China Bank ↗). It comes with an ATM card and a monthly statement, and it can be opened in the My CBC app if you are an OFW or the beneficiary of one (China Bank ↗).

Account: CBC OKS USD Savings

China Bank’s FAQ for the account lists “No maintaining balance required” and a passbook, and says dollars are converted to pesos at any China Bank branch, not in the app (China Bank ↗).

Account: CBC Foreign Currency Savings

The dollar version of CBC Premium Savings asks for US$1,000 to open, as its monthly ADB and to earn interest, at 0.050% a year (China Bank ↗).

The fee for falling below the maintaining balance

China Bank’s fee schedule, effective January 2025, sets one monthly fee per account currency. It applies only after the balance stays below the minimum monthly ADB “for at least 2 consecutive months” (China Bank ↗).

Closing a savings account within 90 days of opening costs the same amounts: ₱300 for peso savings, US$5, €5, CNY 30 or JPY 500 (China Bank ↗).

China Bank’s general terms set out how the fee runs. It “shall be charged if the account balance falls below the minimum monthly ADB for at least two (2) consecutive months for both active and dormant accounts” and “shall be collected every month until the account meets the required minimum monthly ADB” (China Bank ↗). The same terms let the bank close a peso or foreign currency savings account whose balance “becomes zero (0) or negative”, including because of service charges.

Tip One month below the minimum does not trigger the fee. If a month’s ADB dips, bring the balance back up so the next month’s average clears the requirement, and the two-month count does not complete.

When China Bank calls an account dormant

China Bank’s general terms set three clocks. A checking account with no deposit or withdrawal for one year is dormant, and a peso or foreign currency savings account for two years. Peso accounts inactive for ten years or more are escheated, that is, turned over to the Treasurer of the Philippines (China Bank ↗). Dormancy does not stop the below-ADB fee: the terms apply it to “both active and dormant accounts”.

Under BSP rules, a bank cannot charge a dormancy fee before the fifth year after the last activity, and the fee cannot exceed ₱30 a month (BSP ↗).

Opening an account with no maintaining balance

Among China Bank’s own accounts, CBC OKS Peso Savings has both the initial deposit and the maintaining balance waived, and CBC OKS USD Savings needs US$10 to open and has no ADB requirement (China Bank ↗). Both are for OFWs and their beneficiaries. China Bank Savings, a separate thrift bank in the China Bank group, sells its own Basic Deposit Account; it is listed with other no-minimum accounts on maintaining balance by bank.

To open CBC ATM Savings or OKS Peso Savings online, China Bank asks that you be a Filipino citizen aged 18 or over with no existing China Bank account, a permanent Philippine address, an active mobile number and email, and a Philippine-issued ID. The bank reviews the application for two days (China Bank ↗).

If a charge on your statement does not match these amounts, China Bank’s customer service hotline is +632 888-55-888, and its pages also list the BSP’s consumer channels: BSP Online Buddy at bsp.gov.ph, SMS 021582277 and the BSP Facebook page (China Bank ↗).